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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
INTEREST AND DIVIDEND INCOME        
Loans, including fees $ 74,728 $ 66,610 $ 148,120 $ 129,665
Investment Securities:        
Taxable 3,647 3,519 7,437 6,948
Tax-exempt 834 872 1,679 1,746
Dividends 415 580 978 1,251
Total Interest and Dividend Income 79,624 71,581 158,214 139,610
INTEREST EXPENSE        
Deposits 16,055 9,166 31,036 17,012
Borrowings and junior subordinated debt securities 2,742 4,012 5,995 7,264
Total Interest Expense 18,797 13,178 37,031 24,276
NET INTEREST INCOME 60,827 58,403 121,183 115,334
Provision for loan losses 2,205 9,345 7,854 11,817
Net Interest Income After Provision for Loan Losses 58,622 49,058 113,329 103,517
NONINTEREST INCOME        
Net gain on sale of securities 0 0 0 0
Mortgage banking 637 831 1,131 1,432
Gain on sale of a majority interest of insurance business 0 0 0 1,873
Other 3,489 2,268 6,182 4,626
Total Noninterest Income 12,901 12,251 24,263 26,044
NONINTEREST EXPENSE        
Salaries and employee benefits 20,290 18,611 41,199 37,426
Data processing and information technology 3,414 2,379 6,646 4,704
Net occupancy 2,949 2,804 5,986 5,677
Furniture, equipment and software 2,301 2,134 4,531 4,090
Other taxes 1,456 1,739 2,641 3,587
Marketing 1,310 1,190 2,452 1,892
Professional services and legal 1,145 888 2,329 1,939
FDIC insurance 695 739 1,211 1,847
Merger related expenses 618 0 618 0
Other 6,174 5,379 11,658 10,783
Total Noninterest Expense 40,352 35,863 79,271 71,945
Income Before Taxes 31,171 25,446 58,321 57,616
Provision for income taxes 5,070 4,010 9,292 10,017
Net Income $ 26,101 $ 21,436 $ 49,029 $ 47,599
Earnings per share—basic (in dollars per share) $ 0.76 $ 0.62 $ 1.43 $ 1.37
Earnings per share—diluted (in dollars per share) 0.76 0.61 1.43 1.36
Dividends declared per share (in dollars per share) $ 0.27 $ 0.25 $ 0.54 $ 0.47
Comprehensive Income $ 33,513 $ 20,444 $ 62,617 $ 35,081
Debit and credit card        
NONINTEREST INCOME        
Revenues from contract with customers 3,501 3,309 6,476 6,347
Service charges on deposit accounts        
NONINTEREST INCOME        
Revenues from contract with customers 3,212 3,227 6,365 6,468
Wealth management        
NONINTEREST INCOME        
Revenues from contract with customers $ 2,062 $ 2,616 $ 4,109 $ 5,298